PTO Budget Update: FEBRUARY 2020
The Bishop PTO 2020-2021 budget was unanimously approved at the October 7th PTO Community Meeting.
The PTO has continued to adapt to a very different fundraising environment this year. From the beginning of the school year, we have prioritized supporting safe classrooms, safe outdoor spaces, curriculum, and teacher appreciation. We have also focused on new fundraising initiatives this year. These efforts, primarily the Read-A-Thon held in February, have helped mitigate the losses of big traditional fundraisers like the Bear Fair. Relative to the budget passed in October 2020, the Board has fully funded all budgeted spending categories, and was also able to grant the library incremental funds to restock book collections. In aggregate, we matched lower revenue with lower spending this year, and we expect to pass a financially sound PTO to the 2021-2022 Board.
Our Annual Fund campaign, the largest fundraiser of the year, continues to receive some late donations. So far this school year, we have received $30,165, versus a budgeted $24,000 (and a typical $35,000-40,000 in a non-COVID year). We are grateful for the community’s matching corporate donations as well. We received well over $2,000 of matching donations in total from Amundi Investments, ICE/Intercontinental Exchange, JPMorgan Chase, Pfizer and Takeda.
Our main new fundraising event this year, the Read-A-Thon, was a resounding success, raising $14,425. The Read-A-Thon drew in a large share of the Bishop student body as prolific readers.
For expenditures, the Bishop PTO has funded:
The PTO has continued to adapt to a very different fundraising environment this year. From the beginning of the school year, we have prioritized supporting safe classrooms, safe outdoor spaces, curriculum, and teacher appreciation. We have also focused on new fundraising initiatives this year. These efforts, primarily the Read-A-Thon held in February, have helped mitigate the losses of big traditional fundraisers like the Bear Fair. Relative to the budget passed in October 2020, the Board has fully funded all budgeted spending categories, and was also able to grant the library incremental funds to restock book collections. In aggregate, we matched lower revenue with lower spending this year, and we expect to pass a financially sound PTO to the 2021-2022 Board.
Our Annual Fund campaign, the largest fundraiser of the year, continues to receive some late donations. So far this school year, we have received $30,165, versus a budgeted $24,000 (and a typical $35,000-40,000 in a non-COVID year). We are grateful for the community’s matching corporate donations as well. We received well over $2,000 of matching donations in total from Amundi Investments, ICE/Intercontinental Exchange, JPMorgan Chase, Pfizer and Takeda.
Our main new fundraising event this year, the Read-A-Thon, was a resounding success, raising $14,425. The Read-A-Thon drew in a large share of the Bishop student body as prolific readers.
For expenditures, the Bishop PTO has funded:
- Social distancing cones and dots
- Outdoor hand washing stations
- Paper towels, tissues, wipes, pencils, glue sticks to stock supply closet
- 186 individual dry erase boards for all grade 3-5 remote/hybrid students
- $200 check to all 19 teachers for class set up and supplies (fall and spring), plus checks to all professional Bishop staff
- $250 check to all 19 class parent(s) for the fall; supplemental $100 check in the spring
- Subscription to SpellingCity.com for 5th grade classes
- Subscription to Scholastic News for 2nd grade classes
- Indoor/outdoor seating for some hybrid and specialist classrooms
- Holiday gifts for all Bishop Teachers and Staff
- Teacher wellness kits
- Bishop Strong banner
- Teacher/Staff appreciation throughout the year, including staff breakfast for Professional Development Day